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US stocks were mixed Tuesday as tech gains stalled and investors digested April’s inflation data. The Nasdaq fell 0.7%, the S&P 500 dropped 0.16%, while the Dow rose 0.1%. Core CPI exceeded expectations at 3.8% annually, driven by higher energy costs

2026-05-13

US stocks were mixed Tuesday as tech gains stalled and investors digested April’s inflation data. The Nasdaq fell 0.7%, the S&P 500 dropped 0.16%, while the Dow rose 0.1%. Core CPI exceeded expectations at 3.8% annually, driven by higher energy costs amid the Strait of Hormuz blockade. Oil prices climbed, with WTI above $102/bbl and Brent above $107/bbl. President Trump heads to China to meet Xi, with trade and AI as the focus, while US-Iran tensions remain elevated.

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Ukraine's Deputy Minister of Economy: Ukraine's wheat production is projected to reach 22.4 million tons in 2026.
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